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On December 29, 2019, Sailun Group¡¯s laboratory of ultra-high performance tire was inaugurated.This project is said to be prepared since 2018 and is a key project of Sailun for its 2025 strategic target planning. The laboratory is mainly designed to give full support to the medium and high-end ancillary product strategy of the Group and make full use of the combined advantages of product objective design, basic material research and finished product performance test through close integration of
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The GE5 experimental-type internal mixer manufactured by Yiyang Rubber Plastics Machinery Group Co., Ltd. successfully passed the site acceptance for trial run by clients from Slovakia in mid-December 2019, becoming the company¡¯s sixth internal mixer exported to European market.The GE5 internal mixer has the minimum size of specification among all E-type internal mixers of Yiyang Rubber, and its design of meshing-type rotor makes the rubber materials mixed evenly and low temperature rising. Th
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The groundbreaking ceremony for ACM rubber project of Shandong Haiyi Rubber Technology Co., Ltd., a subsidiary under Shandong Wonfull Petrochemical Group Co., Ltd., was held on November 28, 2019.This project, with total investment of 396 Million Yuan, has adopted the proprietary technology self-developed for acrylic rubber, which has reached the domestic advanced level with the advantages of reliable technical resource, advanced and environmental technology, low production energy consumption and
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On February 17, the Board of Directors of Shandong Linglong Tire Co., Ltd. adopted the plan of public offing, by which Linglong would issue additional 100 million A shares to raise 2 Billion Yuan for the project construction and supplementary liquidity of Jingmen tire base. Of these funds, 1.4 Billion Yuan is used for the phased construction target of Jingmen base, that is the project of annual 8 million semi-steel tires and 1.2 million high-performanceall-steel tires, while the other 600 Millio
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Longxing Chemical, a backbone enterprise among domestic carbon black industry, issued 2019 Annual Performance Report in February, showing that its gross revenue in 2019 was 2.806 Billion Yuan, down by 9.07% year-on-year and the net profits attributable to shareholders of listed company was 16.08 Million Yuan, down by 87.88% year-on-year.The sharp decrease on company business performance is mainly due to the joint influences of weakened market demand and fierce industrial competition, which shows
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Lately, Himile Chemical Technology (Shandong) Co., Ltd. has decided to invest 24 Million Yuan to develop the continuous flow equipment test platform project.The project, located at Qingdao National High-tech Industrial Development Zone, mainly engages in the RD of continuous flow microchannel reactor, mass and heat transfer performance test of continuous flow chemical reaction experiment, and the product and by-product yields compared to that with old processing technology. Himile Chemical Techn
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On September 27, 2019, Sailun Group announced that its subsidiary, Saiya Tire Testing, would have a new investor, FAW (China First Automotive Works), for capital increase of 460 Million Yuan and Sailun Group would also increase 146 Million Yuan into Saiya Tire Testing. After the capital increase, the shareholding of Sailun Group on Saiya Tire Testing decreases to 42.5% from 100% while FAW has the shareholding of 57.5%.Both Sailun Group and FAW agreed that, after capital increase and share expans
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On September 20, 2019, the fourth generation of hydraulic curing press of SINOARP Tires Equipment Technology (Suzhou) Co., Ltd. was honored to be launched in Yancheng coastal factory.Businessmen and equipment technicians from Michelin Group, Hankook Tire, Kunshan Kenda, Yanchang Petroleum Rubber and other tire customers altogether witnessed the unveiling ceremony of new product.Yao Mingxiao, Deputy General Manager of SINOARP Technology introduced that the fourth generation of hydraulic curing pr
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The project of TPV production line expansion and additional fluid systems product production of Saic-Metzeler Sealing Systems (Guangzhou) Co., Ltd. passed the environmental protection acceptance in October 2019.With total investment of 20 Million Yuan, including 1 Million Yuan for environmental protection, the project was started construction in the middle of May and completed at the end of August. It newly increased one TPV production line with annual output of 4.7 million meters and the fluid
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Hainan Natural Rubber Industry Group Co., Ltd. achieved the operation revenue of over 9 Billion Yuan in the first three quarters of 2019, hitting a new high.The operation revenue, total profit, asset size and other indexes of Hainan Rubber in 2019 ranked top among domestic natural rubber industry. For example, in the first three quarters, the total output of dry rubber in 25 bases and branches was 78 thousand tons, increasing 10% year-on-year; the operation revenue of self-produce rubber was 900
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On November 8, 2019, the ¡°Small and Medium Size All-steel OTR Tire Intelligent Manufacturing Project¡± of Guizhou Tire Co., Ltd. was launched in Xiuwen County, Guizhou Province.With total investment of 34.5828 Million Yuan, this project will newly increase the capacity of 26 thousand units of 23.5R25 all-steel OTR radial tires per year so as to satisfy the growing market demand from international market on small and medium size all-steel OTR tires. This project was registered and filed on July
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On October 23, 2019, the high-performance radial tire project (phase I) with annual output of 15 million invested by Anhui Aston Tire Co., Ltd. with 1.2 Billion Yuan was put into production.The project is implementedin two phases. For the completed phase I, the production is conducted in a rented standardized plant that covers an area of 37 thousand©O and has the total building area of 22 thousand©O, where two tire production lines for new energy vehicles as well as the supporting facilities hav
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On October 8, 2019, the Gk190E internal mixer meticulously manufactured by Yiyang Rubber Plastics Machinery Group Co., Ltd. for the Italian client successfully came off the production line after trial run. This is Yiyang¡¯s fifth internal mixer exported to Italy, which indicates that Yiyang achieves success in bringing in German internal mixer technology and selling the machine well in European market.These five internal mixers exported to Italy by Yiyang are all E-type (meshing type) series pr
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On September 27, 2019, Sailun Group announced that its subsidiary, Saiya Tire Testing, would have a new investor, FAW (China First Automotive Works), for capital increase of 460 Million Yuan and Sailun Group would also increase 146 Million Yuan into Saiya Tire Testing. After the capital increase, the shareholding of Sailun Group on Saiya Tire Testing decreases to 42.5% from 100% while FAW has the shareholding of 57.5%.Both Sailun Group and FAW agreed that, after capital increase and share expans
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On September 25, 2019, an announcement of commendation on the winning units and individuals of the 7th Shandong Provincial Governor Quality Award was issued by Shandong Province.Four units including Shandong Linglong Tire Co., Ltd. and Wanda Group Co., Ltd., as well as three individuals were awarded this honor. Shandong Provincial Governor Quality Award has been consecutively held for seven years since 2009.
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WASHINGTON¡ªPresident Trump's Phase One trade agreement with China is getting mixed reviews among U.S. businesses, depending on the sector.The National Association of Manufacturers was elated with the deal announced Dec. 13.President Trump has landed an historic enforceable deal that protects a broad range of U.S. intellectual property, such as trade secrets, and provides strong new tools to tackle counterfeiting of our products, said NAM President and CEO Jay Timmons.The Motor Equipment Ma
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¡°After 100 years of constant development in the calendering field, COMERIO ERCOLE has supplied more than 1000 tire calenders and calenderlines all over the world. We expect that the technological innovation about high quality and high performance will be the clear challenge for the future market. It is also what our company mission states. As the result of more than 134 years of our company history, COMERIO ERCOLE is the synonymous of Quality Technology, and we have been looking for the qualit
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The project of digital RD platform and cloud platform of Yiyang Rubber Plastics Machinery Group Co., Ltd. was officially launched on October 14, which marked that Yiyang¡¯s intelligent rubber machinery digital manufacturing base project officially entered the implementation phase.The complete set of Siemens¡¯s integrated strategic solutions was introduced into the digital RD platform project, and the Citrix and VMware were applied to the cloud platform and run by two companies from Beijing and
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Recently, Doublestar¡¯s industrial design center was selected by the Ministry of Industry and Information Technology of the People¡¯s Republic of China (MIIT) on the list of the fourth group of national industrial design center, becoming the first national industrial design center of tire industry in Qingdao City.Industrial design is a major part of industrial chain innovation and the inevitable course for enterprises to advance supply-side structural reform and move the industry toward the midd
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On October 23, Hangcha Group and GreatStar declared that they officially became the first majority share-holder of Zhongce Rubber upon the completion of share-holding right transfer after they and their joint controlling shareholder, Giastar Group, purchased 46.95% of shares from Zhongce Rubber.At the beginning of June this year, Hangcha Group and GreatStar issued a draft on purchasing the shares of Zhongce Rubber. As the ¡°leading role¡±, Giastar Group, together with its subordinating GreatStar
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